Symend

SoftwareSeries BCalgary, Canadasymend.com

Latest round

Series B

Last raised

Feb 2021

Total raised

$108M

Investors

6

About Symend

Symend Inc.Symend Inc. is a Calgary, Canada-based company founded in 2016 by Hanif Joshaghani and Tiffany Kaminsky. The firm has pivoted its business strategy towards developing AI-driven solutions for debt collection.Symend specializes in AI-driven debt collection software that integrates behavioral science to enhance customer engagement and repayment rates. Its primary offerings include hyper-personalized digital communication strategies designed to address the unique financial situations of past-due customers. The software adapts to customer behaviors and motivations, providing targeted messaging that promotes action and elevates the overall experience, thereby fostering customer loyalty.Symend generates revenue through a subscription-based model for its debt collection software, providing clients access to proprietary tools and features. The company engages in direct business-to-business transactions, enhancing the collections process of organizations managing delinquent accounts. Its flagship services, including Delinquency Archetypes and Behavioral Engagement Playbooks™, significantly improve recovery rates and foster customer retention. The company is exploring the development of new products aimed at enhancing its software capabilities. Additionally, Symend plans to expand its market reach beyond North America into other geographic regions, which will be defined in its strategic initiatives over the coming years.

Who invested in Symend

6 investors across 4 rounds

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Funding rounds

  1. Series B

    Feb 9, 2021

    Amount

    $43M

    Investors

    Locked

  2. Series B

    Apr 13, 2020

    Amount

    $52M

    Investors

    Locked

  3. Series A

    May 17, 2019

    Amount

    $10M

    Investors

    Locked

  4. Seed

    Nov 22, 2017

    Amount

    $2.2M

    Investors

    Locked

Questions about Symend

Who invested in Symend?

Symend has 6 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Symend raised?

Symend has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Symend last raise money?

Symend's most recent round on record is a Series B, in Feb 2021.

What does Symend do?

Symend is a software company.

Where is Symend headquartered?

Symend is headquartered in Calgary, Canada.

Which VCs invest in companies like Symend?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Symend's stage. Their profiles are linked below.

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